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20110701
20110731
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Search Results 0 to 27 of about 28 (some duplicates have been removed)
're still fighting that fight? >> look, the big grand bargain is still on the table. that deal is there if the speaker wants to return to the table and negotiate it. we came very close. the president and the speaker did. and that opportunity still exists. secondly, the helpful proposal senator reid put out does not include up front the tough issues of entitlement reform or tax reform, it creates a committee that would look at those issues on a fast-track basis by the end of the year. that's not possible, we prefer one that does it all at once. however this turns out if we don't get the tough issues addressed because they're essential to address the deficits and long-term debt we're going to return to the debate. because the public supports a balanced approach. it's not the right way to do this if we don't ask sacrifice from everybody. not just one sector or a limited number of sectors from the society. >> let's listen to what the president said last night, to voice support for a bipartisan deal. let's listen. >> the american people may have voted for divided government, but the
, but if a shrunken version of the boehner big does -- or if they go to an emergency extension, the president will be right back in the same predicament he's in right now. i think a lot of people are upset. they blame the republicans more than the democrats for the gamesmanship, but the fact is the republicans have also backed the president into a corner, even if they're doing it in a way that's not popular. >> i want you to analyze these two possibilities, one the president could give away more of the store, more spending cuts, maybe enough to get us thus this increase. which would make the redhots happy. no tax increase at all. the other possibility is to marry what boehner wants right now with what mcconned was talking about next year, where next year it can be are can be raised by the president, only the house would have to come back with a two thirds veto, so it seems there is a possibility for compromise, but the easiest thing is for the president to throw the whole bomb game, say, you win this year, not next year. >> i don't think he can do >> i don't think he can do that, chris. when
to the caricature, the republican caricature of the president as a big spender if, in the end, he puts together a deal with speaker boehner that has with it a lot of spending cuts? >> i think that changes certainly for the democrats the argument about the president's spending habits. certainly republicans then would counter with, well, let's look at the $2 trillion spent before speaker boehner and mitch mcconnell and the senate tried to bring some sanity back to the process. you're going to have the political argument continuing into 2012. if you think, michael, this thing is going to end once they sign a bill by august 2nd, no. the hot rhetoric just continues. >> you know this turf well. it puts republicans in a difficult spot to be pointing a finger as to he's such a big government guy if, in the end he 'em bragsed and negotiated a plan with john boehner that calls for the spending cuss being discussed, whether it's $3 trillion or $4 trillion. let me show you something. the president penned something in "usa today." i don't know if you made it to the last line. here is what he said in the las
's going to play pretty big hardball on this to borrow a phrase, chris. seems to me he really is boehner's back. not just having boehner's back today or boehner's back tomorrow, but he's going to have boehner's back. the question is, can harry reid pry away seven or eight republicans to work with him? where does that happen? at this point i don't think you'll see any movement on a deal publicly, at the earliest, not until sunday. >> is the real fear not that there's a second effort to cut spending a bit more, but the second part of this spending cuts which would come at the end of this year, the vote on that, would actually cut to the bone. go after entitlements, medicare, after things the democrats treasurer jer is that the big fear? i think pelosi, former speaker, now democratic leader, was alluding to that in her very strong statement against the boehner plan tonight? >> reporter: that is one fear. you talk to democrats familiar with the way these negotiations have gone, and they'll say, look, this first $1.2 2r8 trillion, the first round ever cuts they have in their plans are almost
big? what would you get rid of? >> i was one of the folks last week who introduced an amendment that said, let's at least freeze defense spendsing. it's not a very popular thing for a republican to do. i like defense, it's important to me. we only got 65 democrats and only 70 republicans. i'm willing to put everything on the table to be serious about spending reductions. >> what do we do about the big entitlements that go through the roof as people get older and older. you can't limit the number of people turning 65 by law. how do you deal with the cost increase? >> let's start by being honest with ourselves. i think the president did that this week. if you read his veto message about cut, cap and balance, he says the only reasons he opposes a balanced budget amendment is that it prevents us from keeping our promises to the seniors. what he's saying is what we have been telling folks back home, you cannot balance the budget without changing medicare, medicaid and social security. you simply can't do it. the folks back home tell you they want a balanced budget amendment. >> but t
this thing? this big cut, cap and balance has nothing in it. i had a hunch it wouldn't be in there. i did something that nobody is doing in your house, in the republican side, reading it. there are no cuts here. where are the cuts? >> senator coburj introduced a plan -- >> it's not the coburn plan. it's the bumper sticker. >> the house has a plan. >> why do you keep saying this? >> chris, chris -- >> have you read it? >> no, i haven't read it. >> how do you know there's something in there -- i'm reading it right now and -- >> at least you're holding on to something. this is the president's plan. it's vapor, there is no plan, because there's no leadership. >> todd, the president's plan outlines $4 trillion in cuts over the -- >> there is no plan. >> that was a hostage video, and he is being held hostage by the tea party republicans. >>> let's go to the outlet pass as they say in football. president clinton has weighed in. he writes, quote, clinton says he would invoke the so-called constitutional option to raise the nation's debt ceiling, quote, without hesitation and force the courts to s
some big structural changes to how things work. giving them credit for that. what they say really derailed this is when the gang of six came back. that group of bipartisan senators working for months on their own deal. they were considered to be own the side lines. they burst back on the scene tuesday with a package that differs from what the white house and speaker boehner had been talking bp gop aids say then the white house pulled back. and began to change its demands and change what it wanted. so speaker boehner is saying yes, the white house was willing to change the tax code but then came back and wanted to do things that would have left the possibility for cuts in some of the spending. but not the kind of package that they had talked about. basically it gets complicated. i won't go into all of the weeds but they walked us through many steps of where they say the white house pull pulled back app at that point they felt they had nowhere to go. for example they talked about having a change in the tax code cho would lower rates. after the gang of six they said the wlous no long
's an empty piece of paper and you're bragging about this thing? this big cut cap and balance has nothing in it, and i was amazed. i had a hunch it wouldn't be there. got copy of it. actually did something nobody dmog your house, in the republican side, reading it. there are no cuts here. where are the cuts? it doesn't say anything. go ahead. >> senator coburn introduced a plan that was extraordinarily detailed. >> it's not coburn plan, todd. >> it's the bumper sticker being voted on. >> the house has plan. coburn has a plan. >> have you read this, todd? have you read this? have you read it? >> no, i haven't read it. >> how do you know you're saying there's something in here and i'm reading it. >> at least you're holding on to something. this is the president's plan. right here. this is it. nothing. it's vapor. there is no plan, because there's no leadership. period. >> the president's plan outlines $4 trillion in cuts. >> there is no plan. >> to the speaker's credit, she being held hostage by tea party republicans. >> let's go to the outlet as they say in football. the outlet pass. forme
is not one of the big players in all of this. he has taken a role where he made is clear on the floor where he is fully supportive. he said what needed to be said. throw sug port there. but privately many other senators are telling us mccon sell working on a deal. mcconnell's aides say no, that's ce tnose things together, you get the sense where someone who thinks he can see the end game, thought i had it a while back and the opportunity for members of congress to disapprove a debt ceiling vote, which is part of the mechanics of hoop jumping legislatively is actually a plus for some tea party members who don't want to be on board right now. second ago, paul ducked under the camera to get to another location. he is another one i was thinking of. when you vote against the debt ceiling but give the president that authority that might be way for everybody to get what they want. it is of course too soon to see how it will factor out. but watching mix mcconnell, you will see someone who gets a sense of how things work and to see how he uses the power he earned all this time. >> chuck you first, w
or a sensation. any sense of that? >> the big story here, absolute absolutely. whether used as a mop. a ginger head mop. >> we'll have to leave it there. i'm matt miller in for dylan. "hardball" starting right now. >>> so what's the deal? let's play some "hardball." >>> good evening. i'm in for chris matthews tonight. leading off, deal or no deal. all day long there's been word that a deal between president obama and speaker john bane zer boehner is in the works to save the u.s. from default. pub lkly both sides are denying it. it's clear adults on both sides are trying to avoid default. how do you get to an agreement when pea tae tea parters are saying no deal with tax increases and democrats are saying, no deal without them? we crunched numbers and default would seem to affect almost every american home. >>> also, does michele bachmann have mi have migraines? may be debilitated for days at time or something we would have never mentioned about a male candidate? >>> how did an anti-american terrorist become so trusted by u.s. officials in afghanistan he was allowed close eno
and defending tax loopholes for millionaires and big corporations is what republicans have called for. they need to meet us somewhere. >> thank you, congressman steve israel. >> thank you. >>> joining me now, "washington post's" chris, author of "the fix." a managing editor also. let's visit this grover norquist issue. i think on tuesday in an interview with your "washington post" editorial board, grover norquist, the man famous for his anti-tax pledge, said that not renewing the bush tax cuts would not violate his pledge. listen to some of that audio released. >> not continuing a tax cut is not technically a tax increase. >> stow does not violate the pledge. >> we wouldn't hold it that way. it would be a very bad thing to do. it would raise taxes from where they are today. >> who don't follow the inside baseball the way you and i eat, drink and sleep it. what is the significance of grover norquist saying that? >> for people who don't know, grover norquist since 1985 has run a group called americans for tax reform pap d.c.-based group that does a lot of thing. basically, to hold the line on no t
care a lot about. they have basically yielded to republicans on a big conceptual point. linking, lifting the debt ceiling to spending cuts and -- >> two things republicans still want. a dollar for dollar cut in spending to match a debt ceiling increase and a trigger mechanism for a balanced budget amendment. holding out ideologically. speaker boehner when asked about the reid plan earlier. let's listen. >> i believe that the plan is full of gimmicks. we're not making any real changes in the spending structure of our government, and it doesn't deal with the biggest drivers of our deficit and our debt, and that would be entitlement programs. >> the republicans-- >> they're not touching that either. putting it to the side now. >> how can he say that, then? >> they have forgotten the number one rule of hostagetaking. when the other sides gives into your demands you let the hostage go. i don't think they're interested in doing that. at least 100 members on the house republican side want to blow up the economy because they think they will save the economy. >> and they're certainly wil
're going with separation. >> and david, i believe i got to go with big spending cuts in revenues. makes no sense. >> i think the president, i said earlier, has leverage at this point because republicans depicted themselves as hostage-takers ready to blow things up and the public doesn't like this. they stood their ground. pat's right about that. the tea party people would be happy to see $100 billion cut out of the next budget which is in the bill that's up this week, even if that leads tos 700,000 lost jobs. happy top do safety inspections, environmental protection. this is what they want to do and stand by -- >> let's get back to reality. back to reality -- >> no. this is the reality, pat. >> david, what about -- >> david, hold on. let pat make his case. >> let me ask you this, chris. the republicans, say the mcconnell plan has a trillion or a trillion and a half in budget cuts in it. >> i don't think it does. >> in the house it passes. they send it to the president. he's going to veto it, shut down the government and puts if default? come on. >> the whole idea, mcconnell's, separate
. >> and this speaks it a big concern in that et fis behind you, that if the aaa bond rating is reduced it'll be on the president's watch. >> right. >> that's been the issue here for this white house bp that's why the number one they want to move this debt ceiling issue away from the next two years. yes did is political issue but also an economic issue. some really bad numbers came out of it. all of this uncertainty, we have all known that businesses right now in the last couple of weeks, they have gotten a little nervous. people have held back because they are not sure what is going on. they are not sure how this will end. i think -- look, i still have a lot of confidence that when all is said and done, they will figure it out. all of the leaders are on the same page. all of the same leaders are on the same page. yes, they have an unpredictable, unpredictable group of lawmakers on their hands. so the one thing that i have as a political person, i thought would find surprising at the end of the day, if they do agree what this field will look like, it is going to be a couple of trillion dol
, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> up next the policy challenges with jared bernstein. later, tim pawlenty continues to talk tough in iowa. that's in the rewrite. >>> congress now has one week left to act. there's still pass forward. the senate introduced a plan to avoid default which makes a down payment and ensures we don't have to go through this again in six months. i think that's a much better approach, although serious deficit reduction would still require us to tackle the tough challenges of entitlement and tax reform. >> that was the president addressing the nation from the east room earlier this evening. joining me now is jerrold bernstein, the former chief economist to vice president biden. he's currently a senior fellow at the center on budget and policy priorities and an msnbc contributor. jared, first of all, let's talk about the policies now that came out on what is called the reid plan in which there's no revenue increases at all.
a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> i'm with your krpt nx market wrap. another batch of updeceit earnings not enough to offset dismal economic numbers and lingering fears about the debt debac debacle. the dow jones industrial tumbling. and absolutely dangerous, how one investor described the atmosphere on wall street today telling cnbc the problem is the market reacts to two thing. greed and fear. right now there's no greed in the air, only fear. a lot of that fear based on the ongoing debate in washington over raising the debt ceiling and cutting the deficit. aps an anemic reading on gdp growth, weaker than expected 1.3% while first quarter numbers were prevised to lower to a paltry 0.4%. over a rough week for the market. all major indices giving up between 3.5 and 4.5%. that's it from cnbc, first in business
Search Results 0 to 27 of about 28 (some duplicates have been removed)